Eurozone July current account balance €27.7 billion vs €35.8 billion prior

• Prior €35.8 billion

Slight delay in the release by the source. The current account surplus narrowed in July mostly due to a drop in the surplus for primary income as compared to June. The breakdown shows that surpluses were recorded for goods (€25 billion), services (€12 billion) and primary income (€7 billion). These were partly offset by a deficit for secondary income (€16 billion).

This article was written by Justin Low at investinglive.com.